Your answer depends completely on your investment priorities.
The highest quality diamonds -- clearest, best example of colour, or high carat weight -- don't lose value, unless you are forced to sell them under distress.
Diamonds are not 'liquid' in the sense that it is not easy -- generally -- to convert them into cash. Diamond markets fluctuate, so it may take some time for the value of your diamond to appreciate over time -- perhaps one entire lifetime.
You are the judge of 'smart' in your own investment priorities, and you may or may not choose to invest in diamonds.
Diamonds are entertaining for the eye, and have an investment value.
Smart investment advice usually advises investors to be cautious and smart about their finances. To find reputable information, it's smart to avoid any advice that guarantees anything.
Get Smart - 1965 Diamonds Are a Spy's Best Friend 4-5 is rated/received certificates of: Argentina:Atp
'Bad investment' is relative. When one buys anything and then sells it for less than the purchase price, it can be said to be a bad investment. Diamonds can fit into this category, but do not necessarily.
Diamonds can be an investment, a status symbol or simply an eye-catching bauble.
Any investment comes with risks, and diamonds are no exception. Diamonds that are purchased through retail sales, are not a good investment, nor will they make money for this reason; the retailer's pay wholesale prices when they make their diamond purchases. Meaning you, the consumer would actually lose money in this market. It is never a good idea to invest in anything that you do not already know about, or have access to learning about from reliable sources.
yes it is as it saves lot of money as we buy diamonds which are free from earth
'Better' is a value judgement and you are the judge. Considering the investment value for both metal and diamonds may be one way that you can determine which is 'better' for your long-term purposes.
People want to possess diamonds both for their 'bling' factor and for their investment value.
Diamonds can be a good investment; they'll generally hold their value over time. For example, if you spent US$50,000 today on an automobile, within 20 years, your investment would be worth close to zero. However, if you spent the same amount of money on a high-quality diamond, in 20 years, your investment would probably be at least equal to the amount you paid for it, if not worth more.
i feel that it is not good...... i think nothing is good for investment. It's like gambling.......if you are lucky, you earn some money, if you are unlucky, you suffer a great loss. :)Another AnswerIf you purchase diamonds as an investment, you can only make money. It may take time -- years -- to show a profit, but you can generally make money in diamonds if you know how to invest.Here are a few guidelines:Always buy diamonds that are certified by a certified gemologist, so that you know legally, that the diamond that you are buying is ranked as the best colour, cut, clarity, and colour that you can afford. Buy D colour -- or Intense Fancy [colour], Flawless or Internally Flawless, 'excellent or better' cut with as much carat weight as you can affordNever buy diamonds with 'the rent money': only invest in diamonds with money you can afford to keep in diamonds and don't need for other purposes.Only deal with diamond brokers whom you know and can trust.Always store investment diamonds in a safe deposit box: wear them only if covered by insurance as a listed asset.You can start today and purchase an investment-quality diamond from Blue Nile and spend from US$3,800 to US$32,000, depending on the carat weight of the diamond, and depending on how much money you have to invest.Unless you are in a distress situation and are forced to sell it, your investment- grade diamond will generally be worth at least what you paid for it, depending on the diamond market: hence the time period to be considered.
raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods